Director, Fraud Risk Oversight, Consumer Lending (2nd Line of Defense)

Best Egg

Remote regions

US

Salary range

$110,000–$130,000/yr

Benefits

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Key Responsibilities:

  • Provide independent 2LOD oversight of fraud risk management frameworks.
  • Review and challenge 1LOD fraud strategies across originations, account management, and servicing.
  • Partner with credit risk on first payment default trends and data linking analysis.

Fraud Strategy & Model Oversight:

  • Oversee and challenge fraud detection and prevention strategies.
  • Assess effectiveness and usage of fraud models, rules engines, and decisioning tools.
  • Evaluate fraud operations, including case management, investigations, and recovery processes.

Regulatory & Compliance Oversight:

  • Ensure adherence to applicable fraud, consumer protection, and data security regulations.
  • Support regulatory exams, internal audits, and issue remediation related to fraud risk.
  • Provide oversight of compliance with expectations related to UDAAP, FCRA and identity verification standards.

Best Egg

Best Egg is a tech-enabled financial platform helping people build financial confidence through lending solutions and financial health tools. They foster an inclusive, flexible, and fun workplace with open communication and a focus on delivering with excellence.

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